Cobra's Market View

johnnywa wrote:

KeiZai wrote:

johnnywa wrote:How is that for a leak on gov. NFP numbers,futures drop off a cliff at exactly 5:40with no explanation on news wires

Break of the bull trend in EU indices was the cause

DAX-5.png

potential target

DAX-BP.png

BT idea working fine

DAX-BT-april.png

Sorry,not buying it

No prob, I am trading markets through charts I don't care about news and if someone knew numbers before release etc everything is in charts what I need to make money

There is a P Bar up to 155.85 That showed up at 9:20 in premkt...These do not work all the time since they are in premkt buttttt should be watched.

Was expecting GLD to break the low of 148.27 from Dec' 2011 since we are so close. If this is supposed to be a giant ABC where we are in the C wave, I would at least expect a touch of the bottom of A. The weekly and daily Stochastic are finally in the oversold range. This little relief rally was expected but I would not read too much into it yet. Will get out of the calls tomorrow at open.

johnnywa wrote:

KeiZai wrote:

johnnywa wrote:How is that for a leak on gov. NFP numbers,futures drop off a cliff at exactly 5:40with no explanation on news wires

Break of the bull trend in EU indices was the cause

Sorry,not buying it

I'm not buying it either

http://screencast.com/t/bg4sLGpIK

heavenskrow wrote:

Unique wrote:

Unique wrote:Google Update

GOOG stops being flushed, yummy. Too fun

Unique you still in AAPL?

In short-term short? Yes

KeiZai wrote:

johnnywa wrote:

KeiZai wrote:

johnnywa wrote:How is that for a leak on gov. NFP numbers,futures drop off a cliff at exactly 5:40with no explanation on news wires

Break of the bull trend in EU indices was the cause

DAX-5.png

potential target

DAX-BP.png

BT idea working fine

DAX-BT-april.png

Sorry,not buying it

No prob, I am trading markets through charts I don't care about news and if someone knew numbers before release etc everything is in charts what I need to make money

ditto, chart speaks

ES Update

I posted this chart yesterday indicating that TLT/TMF could probably jump across resistance...wholly shite! what a jump! I knew today would be down big today, but this mega move in treasuries is unbelievable!!

I laugh at all of those a-holes that were calling for a treasury dump...ha!

heavenskrow wrote:

frankthetank wrote:I do but don't know how attach freestockcharts on to the forum. I tried there. Couple things that stand out as short term bottom. VOlume this week was blow off bottom. Last two days 70 million shares traded hands one third of float. Every other bottom has had weekly hammer with skinny wick. RSI third time holding the line. I have a measure move up too 36.80.

alt+print screen button= paste into paint and save as new jpg, then attach.

Right click on the image on your screen and "save as"

Nymo should be back below BB if it closes at these levels, so i sold my puts and have been loading on calls for a short term bounce

Lots of res at 1540..If mkt can break thru, 1530 is next stop..Here the mkt has very strong res to break..If it does then more dn

BlackThought wrote:Nymo should be back below BB if it closes at these levels, so i sold my puts and have been loading on calls for a short term bounce

I am seeing some kind of low on Monday morning...so keep your mind open to the possibility of something like this...

TraderGirl wrote:I posted this chart yesterday indicating that TLT/TMF could probably jump across resistance...wholly shite! what a jump! I knew today would be down big today, but this mega move in treasuries is unbelievable!!

I laugh at all of those a-holes that were calling for a treasury dump...ha!

And it's only gonna go higher

Wouldn't surprise me if SPY tried to tag 155 before resuming the down trend. It doesn't seem like there will be a bloodbath today since the range is so tight, which indicates that the boyz are in control. The damage has been done already though.

chances of double bottom here, as typical NFP day is if open low then go higher plus RSP is stronger. I don't believe we'll close green today though that certainly requires some imagination.

Triangle broke to the downside... reach target and then some... 60m SPX support.. 5m SPX

also breaking channel support from Nov's lows.

Unique wrote:

heavenskrow wrote:

Unique wrote:

Unique wrote:Google Update

GOOG stops being flushed, yummy. Too fun

Unique you still in AAPL?

In short-term short? Yes

the past few days formation of a continuation triangle doesn't look as clean as I would have liked. Most indiciators are oversold although weekly and monthly still has a sell signal.
Those big spikes are quite scary

TraderGirl wrote:I posted this chart yesterday indicating that TLT/TMF could probably jump across resistance...wholly shite! what a jump! I knew today would be down big today, but this mega move in treasuries is unbelievable!!

I laugh at all of those a-holes that were calling for a treasury dump...ha!

Dayum. Hourly RSI at 90 and still squeezing trapped shorts.

heavenskrow wrote:

Unique wrote:

heavenskrow wrote:

Unique wrote:

Unique wrote:Google Update

GOOG stops being flushed, yummy. Too fun

Unique you still in AAPL?

In short-term short? Yes

the past few days formation of a continuation triangle doesn't look as clean as I would have liked. Most indiciators are oversold although weekly and monthly still has a sell signal.
Those big spikes are quite scary

Larger positions in GS and GOOG, easy to play. (Stuff is more clear, defined risk vs reward)